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tax cut unless you give the tax cut for the super wealthy. it is about time they take some responsibility. >> joe and i are from similar towns. but you know what the unemployment rate in scranton, pa., is today? attempt%. -- 10%. that is how is going all around america. >> that is not how it is going. it is going down. >> did they inherit a tough situation? absolutely. but we're going in the wrong direction. the economy is barely limping along. job growth in september was slower than it was in august and august was slower than it was in july. we're having in the wrong direction. 23 million americans are struggling for work. 15% of americans are living in poverty. this is not what a real recovery looks like. we need real reforms for a real recovery. that is exactly what we are proposing. gift america energy independence by the end of the decade. get this deficit and debt under control. make trade work for america. champion small businesses, do not raise taxes on small businesses. they are our job creators. he talks about detroit. mitt romney i
tax cut unless you give the tax cut for the super wealthy. it is about time they take some responsibility. >> joe and i are from similar towns. but you know what the unemployment rate in scranton, pa., is today? attempt%. -- 10%. that is how is going all around america. >> that is not how it is going. it is going down. >> did they inherit a tough situation? absolutely. but we're going in the wrong direction. the economy is barely limping along. job growth in september was...
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Oct 13, 2012
10/12
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FOXNEWS
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you might want to look at the bush tax cuts. they expire in the end of the year and at the same time hundred worth of spending cuts come n part of the sequestitration cuts that you heard about. i want to put that in perspective. they are slowing into growth spend all is said and done, you will have much more going to government than you do today than in dollar terms. all that hits the fan at the same time you have tax hikes and capitol gains and etscet raand all hitting the fan at the same time. that is a big story. you know and not worried about it or you don't know and the main stream media left you in the dust. and pat buchan an is paying close attention and we always whistle past the grave yards. they say don't worry about it one of the days it may not happen. thelma and lowis may go over the cliff. >> that was a horrible movie. you say that it is more real and possible than we think. >> i think so. let's take the hypothis that barack obama. tax cuts for the millionaires and billionaires will go up to a million dollars. i do
you might want to look at the bush tax cuts. they expire in the end of the year and at the same time hundred worth of spending cuts come n part of the sequestitration cuts that you heard about. i want to put that in perspective. they are slowing into growth spend all is said and done, you will have much more going to government than you do today than in dollar terms. all that hits the fan at the same time you have tax hikes and capitol gains and etscet raand all hitting the fan at the same...
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Oct 12, 2012
10/12
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if your ticket is elected, who will pay more in taxes? who will pay less in taxes? >> middle-class will pay less and people making a million dollars or more will begin to contribute slightly more. the continuation of the bush tax cuts, we are arguing the bush tax cuts for the wealthy should be allowed to expire. $800 billion of that goes to people making a million dollars. we see no justification for those -- they are patriotic americans, they are not suggesting the tax cut. 120,000 families will get an additional $500 billion in tax relief in the next 10 years. their income is an average of $8 million. we want to extend the middle class tax cuts permanently. these guys will not allow us to. we say, let's have a vote. they are holding hostage the middle class tax cut to the super wealthy. all the studies point out will get another $250,000 a year to those 120,000 families and raise taxes for families who are middle income with a child by to $2000 a year. this is unconscionable. there is no need for this. the middle class got knocked on their heels. the great recessi
if your ticket is elected, who will pay more in taxes? who will pay less in taxes? >> middle-class will pay less and people making a million dollars or more will begin to contribute slightly more. the continuation of the bush tax cuts, we are arguing the bush tax cuts for the wealthy should be allowed to expire. $800 billion of that goes to people making a million dollars. we see no justification for those -- they are patriotic americans, they are not suggesting the tax cut. 120,000...
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Oct 6, 2012
10/12
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right now that's what our tax system does. we underwrite and subsidize the recklessly irresponsible through bailouts and insurance companis and car companies. the fact is, people who are working hard and doing well. and small business owners and big business owners who are not asking for uncle sugar to work for them they are getting punished. change that and we can get out of the debt problem. governor mike huckabee always a pleasure to have you on board. >> thank you, uma. >> he raised the bar and it is mitt romney's job to live up to the standards. >> you can't have a down moment. >> we see it in the polls. the polls are change things are getting closer and mitt romney is in the league. they saw them for the first time together . he cannot let down. >> my one on one with michael reagan, the son of a president many people credit with historic debate moments. ♪ [ male announcer ] it started long ago. the joy of giving something everything you've got. it takes passion. and it's not letting up anytime soon. at unitedhealthcare
right now that's what our tax system does. we underwrite and subsidize the recklessly irresponsible through bailouts and insurance companis and car companies. the fact is, people who are working hard and doing well. and small business owners and big business owners who are not asking for uncle sugar to work for them they are getting punished. change that and we can get out of the debt problem. governor mike huckabee always a pleasure to have you on board. >> thank you, uma. >> he...
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Oct 13, 2012
10/12
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CURRENT
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there are a number of important tax loopholes, if you want to call them that, or tax incentives that will have to be ended. this is not something they're prepared to talk about. politically you have to understand that. they have 27 days left. it's not in anybody's best interest to say we're going to hawk at the most important entitlement that they've had for generations. they're trying to do something that is politically understandable, and the democrats will try to hold them to account and fill in those gap where is they have refused to be specific about it. >> michael: thomas, what errol is saying is really true. i can't imagine a homeowner who wants to see that mortgage interest write-off gone. when it's clear that the republicans cannot do this cut without that you heard ryan last night. how do they get away with that? >> i think in the same way they're getting away with all sorts of things. if you look at the paul ryan budget, and i understand that's not what mitt romney is proposing this year, but if you go back and look at--he did put paul ryan on the ticket. he did it for a r
there are a number of important tax loopholes, if you want to call them that, or tax incentives that will have to be ended. this is not something they're prepared to talk about. politically you have to understand that. they have 27 days left. it's not in anybody's best interest to say we're going to hawk at the most important entitlement that they've had for generations. they're trying to do something that is politically understandable, and the democrats will try to hold them to account and...
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Oct 12, 2012
10/12
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this one tax would actually tax 53% of small business and come. it is expected to cost 710,000 jobs. it does not pay for 10% of the proposed deficit spending increases. what we're saying is, lower tax rates across the board and close loopholes to the higher income people. we have three bottom lines. do not raise the deficit. do not raise taxes on the middle class. do not lower the share of income that is borne by the high income earners. he keeps saying this $500 trillion plan and it has been discredited by six studies and their deputy campaign manager acknowledges it was not correct. >> let's talk about the 20%. you have refused to offer specifics on how you pay for that 20% across the board tax cut. do you have the specifics or are you still working on it and that is why you will not tell voters? >> different than this administration, we want to have a bipartisan agreements. >> do you have the specifics? >> look at what ronald reagan and tip o'neill did. the work together to fix the tax base. we are saying here is our framework. lower tax rates
this one tax would actually tax 53% of small business and come. it is expected to cost 710,000 jobs. it does not pay for 10% of the proposed deficit spending increases. what we're saying is, lower tax rates across the board and close loopholes to the higher income people. we have three bottom lines. do not raise the deficit. do not raise taxes on the middle class. do not lower the share of income that is borne by the high income earners. he keeps saying this $500 trillion plan and it has been...
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Oct 12, 2012
10/12
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CNN
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on to taxes. if your ticket is elected, who will pay more and who will pay less in taxes, vice president? >> the middle class will pay less and people making a ll dollars will pay slightly more. the continueuation of the bush tax cuts, we're arguing the tax cuts for the wealthy should be allowed to expire. $800 billion of that goes to people making a minimum of $1 million. we see no justification, they're not asking for this continued tax cut or suggesting it. but my friends are insisting only it. 120,000 families, by continuing that tax cut, will get an additional $500 billion in tax relief in the next ten years. we want to extend permanently the middle class tax cut permanently, from the bush middle class tax cut. these guys won't allow us to. we say let's have a vote on the middle class tax cut and have a vote on the upper tax cut. let's vote on it. they're staying no. they're holding hostage the middle class tax cut to the super wealthy. on top of that, they've got another tax cut coming that'
on to taxes. if your ticket is elected, who will pay more and who will pay less in taxes, vice president? >> the middle class will pay less and people making a ll dollars will pay slightly more. the continueuation of the bush tax cuts, we're arguing the tax cuts for the wealthy should be allowed to expire. $800 billion of that goes to people making a minimum of $1 million. we see no justification, they're not asking for this continued tax cut or suggesting it. but my friends are insisting...
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Oct 12, 2012
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not reading taxes is not cutting taxes. by the way, our budget -- >> we have not -- >> 3% a year instead of 4.5% like they proposed. >> let me calm down things here just for a minute. i want to talk to you very briefly before we go to closing statements about your own personal character. if you're elected, what could you both give to this country as a man, as a human being that no one else could? >> honesty. no one else could? there are plenty of fine people who could lead this country. but what you need are people who when they say they're going to do something, they go do it. what you need are when people see problems, they offer solutions to fix those problems. we're not getting that. look, we can grow this economy faster. that's what our five-point plan for a stronger middle class is all about. it's about getting 12 million jobs, higher take home pay, getting people out of poverty into the middle class. that means going with proven pro-growth policies that we know work to get people back to work. putting ideas on the ta
not reading taxes is not cutting taxes. by the way, our budget -- >> we have not -- >> 3% a year instead of 4.5% like they proposed. >> let me calm down things here just for a minute. i want to talk to you very briefly before we go to closing statements about your own personal character. if you're elected, what could you both give to this country as a man, as a human being that no one else could? >> honesty. no one else could? there are plenty of fine people who could...
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Oct 12, 2012
10/12
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CNN
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on to taxes. if your ticket is elected, who will pay more and who will pay less in taxes, vice president? >> the middle class will pay less and people making a million dollars will pay slightly more. let me give you one concrete example. the continuation of the bush tax cuts, we're arguing the tax cuts for the wealthy should be allowed to expire. of the bush tax cuts for the wealthy, 800 million -- billion dollars of that goes to people making a minimum of a million dollars. we see no justification in these economic times for those and they're patriotic americans, they're not asking for this continued tax cut. they're not suggesting it, but my friends are insisting on it. 120,000 families, by continuing that tax cut, will get an additional $500 billion in tax relief in the next ten years. and their income is an average of $8 million. we want to extend permanently the middle class tax cut permanently, from the bush middle class tax cut. these guys won't allow us to. su know what they're saying? we
on to taxes. if your ticket is elected, who will pay more and who will pay less in taxes, vice president? >> the middle class will pay less and people making a million dollars will pay slightly more. let me give you one concrete example. the continuation of the bush tax cuts, we're arguing the tax cuts for the wealthy should be allowed to expire. of the bush tax cuts for the wealthy, 800 million -- billion dollars of that goes to people making a minimum of a million dollars. we see no...
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Oct 12, 2012
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tax cut unless you give the tax cut for the super wealthy. it is about time they take some responsibility. >> joe and i are from similar towns. do you know what the unemployment rate in scranton is today? 10%. that is how is going all around america. >> that is not how it is going. it is going down. >> did they inherit a tough situation? absolutely. but we're going in the wrong direction. the economy is barely limping along. it's growing at 1.3%. job growth in september was slower than it was in august and august was slower than it was in july. we're heading in the wrong direction. 23 million americans are struggling for work. 15% of americans are living in poverty. this is not what a real recovery looks like. we need real reforms for a real recovery. that is exactly what we are proposing. get america energy independent by the end of the decade. get this deficit and debt under control. make trade work for america. champion small businesses, do not raise taxes on small businesses. they are our job creators. he talks about detroit. mitt romney
tax cut unless you give the tax cut for the super wealthy. it is about time they take some responsibility. >> joe and i are from similar towns. do you know what the unemployment rate in scranton is today? 10%. that is how is going all around america. >> that is not how it is going. it is going down. >> did they inherit a tough situation? absolutely. but we're going in the wrong direction. the economy is barely limping along. it's growing at 1.3%. job growth in september was...
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Oct 12, 2012
10/12
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CNBC
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this one tax would actually tax about 53% of small business income. it's expected to cost us 710,000 jobs. and you know what, it doesn't even pay for 10% of their proposed defpending increases. what we are saying is, lower tax rates across the board and close loopholes primarily to the higher income people. we have three bottom lines. don't raise the deficit. don't raise taxes on the middle class. and don't lower the share of nblg that is born by the high income earners. he'll say this $5 trillion plan i suppose, it's been discredited by six other studies and even their own deputy campaign manager acknowledged it wasn't correct. >> well, let's talk about this 20%. you have refused and again, to offer specifics on how you would pay for that 20% across the board tax cut. do you actually have the specifics or are you still working on it and that's why you won't tell voters? >> different than this administration, we actually want to have big bipartisan agreements. you see, i understand -- >> do you have the specifics? do you have the math? you know what y
this one tax would actually tax about 53% of small business income. it's expected to cost us 710,000 jobs. and you know what, it doesn't even pay for 10% of their proposed defpending increases. what we are saying is, lower tax rates across the board and close loopholes primarily to the higher income people. we have three bottom lines. don't raise the deficit. don't raise taxes on the middle class. and don't lower the share of nblg that is born by the high income earners. he'll say this $5...
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Oct 12, 2012
10/12
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not reading taxes is not cutting taxes. by the way, our budget -- >> we have not -- >> 3% a year instead of 4.5% like they proposed. >> let me calm down things here just for a minute. i want to talk to you very briefly before we go to closing statements about your own personal character. if you're elected, what could you both give to this country as a man, as a human being that no one else could? >> honesty. no one else could? there are plenty of fine people who could lead this country. but what you need are people who when they say they're going to do something, they go do it. what you need are when people see problems, they offer so
not reading taxes is not cutting taxes. by the way, our budget -- >> we have not -- >> 3% a year instead of 4.5% like they proposed. >> let me calm down things here just for a minute. i want to talk to you very briefly before we go to closing statements about your own personal character. if you're elected, what could you both give to this country as a man, as a human being that no one else could? >> honesty. no one else could? there are plenty of fine people who could...
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Oct 12, 2012
10/12
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CURRENT
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this tax would tax about 53% of small business income. it is expected to cost us 710,000 jobs and it wasn't even pay for 10% of the proposed deficit spending increases. we're saying lower tax rates across the board and close loopholes primary to the higher-income people. don't raise the deficit, raise taxes on the middle class, and bare the share of the income on the high-income earnings. even their own deputy campaign manager acknowledged that it wasn't correct. >> let's talk about this 90%. you have refused again to offer specifics for how you pay for that 20% across the board tax cut. do you have the specifics or are you still working on it and that's why you won't tell voters? >> ryan: we want to have big bipartisan agreements -- >> do you have the specifics? do you know what you are doing? >> ryan: look at what ronald reagan and tip o'neill did. they worked together to lower tax rates and broaden the base and worked together to fix that. we're saying here is our framework, lower tax rates about 20% -- we forgo about $1.1 trillion in
this tax would tax about 53% of small business income. it is expected to cost us 710,000 jobs and it wasn't even pay for 10% of the proposed deficit spending increases. we're saying lower tax rates across the board and close loopholes primary to the higher-income people. don't raise the deficit, raise taxes on the middle class, and bare the share of the income on the high-income earnings. even their own deputy campaign manager acknowledged that it wasn't correct. >> let's talk about this...
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Oct 12, 2012
10/12
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on to taxes. if your ticket is elected, who will pay more and who will pay less in taxes, vice president? >> the middle class will pay less and people making a million p has tasty pieces of chicken with rice and beans. you know the giants don't have a mascot right mom? [ male announcer ] campbell's chunky soup. it fills you up right. these are sandra's "homemade" yummy, scrumptious bars. hmm? i just wanted you to eat more fiber. chewy, oatie, gooeyness... and fraudulence. i'm in deep, babe. you certainly are. [ male announcer ] fiber one. silverado! the most dependable, longest lasting, full-size pickups on the road. so, what do you think? [ engine revs ] i'll take it. [ male announcer ] it's chevy truck month. now during chevy truck month, get 0% apr financing for 60 months or trade up to get the 2012 chevy silverado all-star edition with a total value of $8,000. hurry in before they're all gone! with a vial and syringe. me, explaining what i was doing at breakfast. and me discovering novolog mix
on to taxes. if your ticket is elected, who will pay more and who will pay less in taxes, vice president? >> the middle class will pay less and people making a million p has tasty pieces of chicken with rice and beans. you know the giants don't have a mascot right mom? [ male announcer ] campbell's chunky soup. it fills you up right. these are sandra's "homemade" yummy, scrumptious bars. hmm? i just wanted you to eat more fiber. chewy, oatie, gooeyness... and fraudulence. i'm in...
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Oct 12, 2012
10/12
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CNNW
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lower tax rates 20%. we raise about $1.2 trillion through income taxes. we forego about $1.1 trillion in loopholes and deductions. so what we're sayg is s >>et to lower tax rates across the board. here's why i'm saying this. >> i hope i'm getting a timed response. >> you'll get time. >> we want to work with congress on how best to achieve this. that means successful -- >> no specifics, again. >> what we're saying is lower tax rates 20%. start with the wealthy. work with congress. >> can you guarantee this math will add up? >> absolutely. >> six study advisory guaranteed. six study advisory verified this math adds up. >> vice president biden. vice president biden. >> let me translate. let me have a chance to translate. >> i'll come back in a second then, right? >> i was there when ronald reagan -- he gave specifics to what he was going to cut, number one, in terms of tax expenditures. number two, 97% of the small businesses in america pay less than -- make less than $250,000. let me tell you who some of those other small businesses are. hedge funds that ma
lower tax rates 20%. we raise about $1.2 trillion through income taxes. we forego about $1.1 trillion in loopholes and deductions. so what we're sayg is s >>et to lower tax rates across the board. here's why i'm saying this. >> i hope i'm getting a timed response. >> you'll get time. >> we want to work with congress on how best to achieve this. that means successful -- >> no specifics, again. >> what we're saying is lower tax rates 20%. start with the...
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Oct 13, 2012
10/12
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CSPAN
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the challenge is designing a tax and subsidy regime that is not out of date and full of weights. one of the things that has come up repeatedly as you should reform the universal service fund. i do not think anyone was philosophically opposed to that. the complaint was, you cannot just make the existing fund, which is not performing well, bigger. you need to reform so the minimum amount of money is collected and it goes to fill in gaps that are there. i think the primary flaw of the recent broadband exercise is that there were multiple components in the statute. $7 billion in funding. $300 million of that to actually measure where the gaps were. the measuring was done after the $7.2 billion was spent. that is not likely to produce a successful distribution of those monies where they are really needed if you actually do not know. >> you have been itching to route this telecom discussion. [laughter] do you see the investment in communications networks as one area where the obama administration has done well? or do you think there is more to do? >> the broadband debate -- one idea th
the challenge is designing a tax and subsidy regime that is not out of date and full of weights. one of the things that has come up repeatedly as you should reform the universal service fund. i do not think anyone was philosophically opposed to that. the complaint was, you cannot just make the existing fund, which is not performing well, bigger. you need to reform so the minimum amount of money is collected and it goes to fill in gaps that are there. i think the primary flaw of the recent...
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Oct 12, 2012
10/12
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CURRENT
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this tax would tax about 53% of small business income. it is expected to cost us 710,000 jobs and it wasn't even pay for 10% of the proposed deficit spending increases. we're saying lower tax rates across the board and close loopholes primary to the higher-income people. don't raise the deficit, raise taxes on the middle class, and bare the share of the income on the high-income earnings. even their own deputy campaign manager acknowledged that it wasn't correct. >> let's talk about this 90%. you have refused again to offer specifics for how you pay for that 20% across the board tax cut. do you have the specifics or are you still working on it and that's why you won't tell voters? >> ryan: we want to have big bipartisan agreements -- >> do you have the specifics? do you know what you are doing? >> ryan: look at what ronald reagan and tip o'neill did. they worked together to lower tax rates and broaden the base and worked together to fix that. we're saying here is our framework, lower tax rates about 20% -- we forgo about $1.1 trillion in
this tax would tax about 53% of small business income. it is expected to cost us 710,000 jobs and it wasn't even pay for 10% of the proposed deficit spending increases. we're saying lower tax rates across the board and close loopholes primary to the higher-income people. don't raise the deficit, raise taxes on the middle class, and bare the share of the income on the high-income earnings. even their own deputy campaign manager acknowledged that it wasn't correct. >> let's talk about this...
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Oct 7, 2012
10/12
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FOXNEWS
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the first 30 minutes of the debate spent on taxes. and this issue take up many times throughout the 90 minutes. welcome back to denver in the spin room. let's go now to charles krauthammer with his thoughts on the debate. >> i thought romney won by two touchdowns. you know? when a challenger steps up on the stage that gives stature, when performing the way romney did, i think changes things. it changes momentum. romney campaign is at a terrible month. to the extent people are saying who is this guy? all of a sudden thrk romney shows up. and he's knowledgeable, confident and he's got nerve. he never backed down on any of with obama, i thought he had a weak night. it looked as if he's sitting on a leaf. i can guarantee you had he been behind in the post he would have had it at 47%. the video damaged romney didn't come up. that is somebody thinks all he has to do is get up there, play out the 90 minutes, hold the ball, and win. but he lost. again, it's not going to change the election. but i think it does stop the romney slide. it is not
the first 30 minutes of the debate spent on taxes. and this issue take up many times throughout the 90 minutes. welcome back to denver in the spin room. let's go now to charles krauthammer with his thoughts on the debate. >> i thought romney won by two touchdowns. you know? when a challenger steps up on the stage that gives stature, when performing the way romney did, i think changes things. it changes momentum. romney campaign is at a terrible month. to the extent people are saying who...
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Oct 9, 2012
10/12
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FOXNEWSW
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separate taxes from parallel taxes. it was enacted to enoccur wealthy individuals work its way down the income chain. romney wants do away with it all together. obama could like to replace it. he would like to replace it it requires millionaires making over a million collars would be kiered to pay 30 percent in taxes. >> in a city like new york your stackses are going to go up and you will be paying 30 percent. >> if you make a physical boll lashes in new york you are considered making nothing. >> that is confusing. s is now 25 after the hour. president obama said they were an example of rebounding the economy. after making chevy volt batteries one plant is seeing anything but green. after supporting romney and ryan another celeb has a message for hollywood. >> quarter pounder, chicken? no? >> quarter pounder. look at this. look at this. quarter pounder. >> you know we all know campaign karl. he is on the pain with rit romney. mitt romney trying to convince romney to eat the burger. he is panning out burgers. lots of ph
separate taxes from parallel taxes. it was enacted to enoccur wealthy individuals work its way down the income chain. romney wants do away with it all together. obama could like to replace it. he would like to replace it it requires millionaires making over a million collars would be kiered to pay 30 percent in taxes. >> in a city like new york your stackses are going to go up and you will be paying 30 percent. >> if you make a physical boll lashes in new york you are considered...
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Oct 10, 2012
10/12
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FBC
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not a tax hike. pan more taxes. there might be an appetite on the part of your democratic colleagues. in other words, after the elections dogmatic bygones are bygones. if you look a that looming debt and deficit, as far as the eye can see, i think we a realize that in negotiated settlement is going to have to be reached. we have a spending problem in washington. we are cutting as much an even more bad, but at some point i think we are going to realize that the revenues areoing to need to us match the -- to come up a bid to match -- neil: some revenues and taxes in that equation. >> of eliminating some of the loopholes and special interests were government is forging the behaor and punishing bad behavior, is that we want to do? no. i think we can simplify and make it fair. by that we would give greater revenues. >> it sounds like it does commission point of view. enough of us know we have to pony up and get over ourselves and so the bg problems. neil: whenever you do or a la-duck session does, we won't be here deembe
not a tax hike. pan more taxes. there might be an appetite on the part of your democratic colleagues. in other words, after the elections dogmatic bygones are bygones. if you look a that looming debt and deficit, as far as the eye can see, i think we a realize that in negotiated settlement is going to have to be reached. we have a spending problem in washington. we are cutting as much an even more bad, but at some point i think we are going to realize that the revenues areoing to need to us...
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Oct 14, 2012
10/12
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FOXNEWSW
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no new taxes. >> the difference between a hockey mom and a pit bull, lipstick. >> other ones, you got to depend on your candidate seizing a moment you didn't expect to happen. >> there you go again. >> most moments so far this election have been poorly phrased comments. >> if you've got a business, you didn't build that. somebody else made that happen. >> i like being able to fire people that provide services to me. >> they'll put y'all back in chains. >> the media call those gaffes, but often the media don't know. when ed musky lost the '072 primary because he looked like he teared up defending his wife, everyone said candidates can't career, because that's week, but then in 2008 hillary clinton cried. >> you know, i have so many opportunities from this country. >> she began to tear up. >> don't want to fall backwards. >> she showed being human. >> you know, this is very personal for me. >> pundits pounced. >> people perceive that as weakness. >> yeah, i think they will and they should. >> makes her look like her campaign is in trouble. >> the day before showed clinton 10 points behi
no new taxes. >> the difference between a hockey mom and a pit bull, lipstick. >> other ones, you got to depend on your candidate seizing a moment you didn't expect to happen. >> there you go again. >> most moments so far this election have been poorly phrased comments. >> if you've got a business, you didn't build that. somebody else made that happen. >> i like being able to fire people that provide services to me. >> they'll put y'all back in chains....
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Oct 8, 2012
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i don't have a tax cut that's $4.8 trillion. i'm not going to cut taxes on the rich. i don't have a medicare voucher plan. i love teachers. and i think we need more of them. look, don't believe me. speaker gingrich was pretty eloquent running during the primaries and saying, mitt romney will say absolutely anything to get elected. and if somebody says absolutely anything to get elected you have to wonder what they'll say when they are president of the united states. >> so, speaker, you did say he was fundamentally dishonest after debating him in the primaries. this is not a new attack against romney policy. >> no. and i think that the challenge for the obama people is pretty simple. the president of the united states had 90 minutes. now, if he had done his homework and actually prepared, if he had actually studied romney, why didn't he say it? why didn't he take romney head on? first of all, the charges on the tax cuts are plain wrong, and i think virtually every analyst has said and even your deputy campaign manager said the charges made are wrong. but forgetting tha
i don't have a tax cut that's $4.8 trillion. i'm not going to cut taxes on the rich. i don't have a medicare voucher plan. i love teachers. and i think we need more of them. look, don't believe me. speaker gingrich was pretty eloquent running during the primaries and saying, mitt romney will say absolutely anything to get elected. and if somebody says absolutely anything to get elected you have to wonder what they'll say when they are president of the united states. >> so, speaker, you...
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i want to cut taxes, president obama wants to raise taxes. historically that has been a devastating argument. for the president and joe biden to talk about raising taxes when you have millions and millions of americans out of work, it does not seem to work, and everyone knows the actual tax hikes will do almost nothing for the deficit. so it is just kind of catnip for the left. let's raise taxes on the rich. class warfare. i don't think it is a successful economic strategy, and i'm not sure it will or politically either. gerri: interesting days. that is for sure. you will have you back to talk more. when we come back to be searching for a deal, but prescription drugs online presents a all new sets of problems. we will explain. an age-old question resurfacing. can women have it all? are we dissing mother had? this is going to be a panel. you will love it. it will be a lot of fun. ♪ ç gerri: the mill powerhouse giving birth to her first child. she took the helm. see is also making headlines for another reason. this story and others suggesti
i want to cut taxes, president obama wants to raise taxes. historically that has been a devastating argument. for the president and joe biden to talk about raising taxes when you have millions and millions of americans out of work, it does not seem to work, and everyone knows the actual tax hikes will do almost nothing for the deficit. so it is just kind of catnip for the left. let's raise taxes on the rich. class warfare. i don't think it is a successful economic strategy, and i'm not sure it...
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you cannot cut taxes by $5 trillion as he's doing and simply say, oh, i don't have that tax cut. i'm not going to cut taxes for the wealthy when the average high-income earner is going to get a $250,000 tax cut. >> let me stop you right there because the romney campaign has a new ad just out on that point and say the president and his team are aligned when they call it a $5 trillion tax cut. >> president obama continues to distort mitt romney's economic plan. the latest, not telling the truth about mitt romney's tax plan. the ap says it doesn't add up. abc news, mostly fiction, even the obama campaign admitted it it wasn't true. >> well, okay, stipulated it won't be near $5 trillion. >> so does the campaign now accept that the cuts will be less than $5 trillion? >> no, absolutely not. i mean, look, if you're going to reduce the bush tax rates by 20% in the estate tax, in the amt, change the corporate rate and a whole host of other changes it epzs up in a reduction of revenue. the question for governor romney is what loopholes will you close supposedly to make up for that revenue
you cannot cut taxes by $5 trillion as he's doing and simply say, oh, i don't have that tax cut. i'm not going to cut taxes for the wealthy when the average high-income earner is going to get a $250,000 tax cut. >> let me stop you right there because the romney campaign has a new ad just out on that point and say the president and his team are aligned when they call it a $5 trillion tax cut. >> president obama continues to distort mitt romney's economic plan. the latest, not telling...
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Oct 13, 2012
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ryan's plan is completely tax free, get rid of the capital gains tax, get rid of the gift tax, create dynastic wealth, turn america into 18th century france, and we all know how well that ended. >> david cay, what about the loopholes? middle class americans out there keep hearing that loopholes are going to be closed. what do you think they're talking about? they haven't been specific on that, either. >> no, and that's part of the troubling idea. what they're very specific about is cutting taxes. they won't talk about exactly what are we going to do? and without knowing that, we have absolutely no idea. are they going to stop the use of offshore investing and total deferral of income for private equity managers like mitt romney was when he was the sole owner of bain capital? and could have taken advantage of that? they won't say, so we have no idea. but the big numbers would be in taking away the middle class' 401(k) or other retirement savings plans, health insurance, and the mortgage interest deduction. >> yeah. let's clear up this about social security. play this sound bite, if we
ryan's plan is completely tax free, get rid of the capital gains tax, get rid of the gift tax, create dynastic wealth, turn america into 18th century france, and we all know how well that ended. >> david cay, what about the loopholes? middle class americans out there keep hearing that loopholes are going to be closed. what do you think they're talking about? they haven't been specific on that, either. >> no, and that's part of the troubling idea. what they're very specific about is...
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pledge and no new taxes. does that fit your bill? by the way, i'm not actually promising you a tax cut. it might just come out even. >> the only confusion is people don't -- >> that's fine with you. sorry. >> he wants to reduce marginal tax rates across the board for all americans, 20%, which is what reagan had, which is what john f. kennedy had. he also wants to do what reagan did in 1986, which is to have it end towards revenue neutrality and job creation as reagan and kennedy gave you, and eliminating vouchers and credits, all the tax credits that have funneled money to the administration's friends, not help the economy. let's get rid of those kind of corrupt deductions and credits and raise some money at the same time, but net, it's going to be a revenue-neutral at worst or a tax cut. >> part of what happened in the first debate, i think, and this will run back into the tax issue, is that people saw mitt romney and someone thought, oh, he is not this scary person we've seen in the ads. he seemed reasonabl
pledge and no new taxes. does that fit your bill? by the way, i'm not actually promising you a tax cut. it might just come out even. >> the only confusion is people don't -- >> that's fine with you. sorry. >> he wants to reduce marginal tax rates across the board for all americans, 20%, which is what reagan had, which is what john f. kennedy had. he also wants to do what reagan did in 1986, which is to have it end towards revenue neutrality and job creation as reagan and...